RSM UK advises Vallely Tankers on its merger with VJ Engineering
Leading audit, tax and consulting firm RSM UK has advised vacuum tanker manufacturers Vallely Tankers, subsidiary of CMR Utility Vehicles, on its merger with VJ Engineering as part of its long-term plans for market growth.
The merger will allow Vallely Tankers and VJ Engineering to grow as a combined entity, strengthened by shared expertise and resources. The new combined entity will rebrand as Supervac, marking a significant milestone in the growth journey of both businesses, while providing the same high level of specialist service and expertise to customers.
Based in Leeds, Vallely Tankers is a specialist vacuum tanker manufacturer, with over 40 years’ experience designing, building and maintaining tankers for the waste and environmental management, oil and gas and construction industries. The company works closely with waste and environmental management companies across the UK and internationally to design bespoke, durable and low maintenance equipment for a wide range of applications, as well as providing repairs, maintenance and upgrade, and refurbishment services.
VJ Engineering is a specialist vacuum tanker manufacturer based in Rugby, Warwickshire, which supplies non-hazardous and ADR tankers to a wide range of businesses. The company also provides remounts, refurbishments, servicing and repairs, as well as a full inspection and certification service.
RSM UK advised Vallely Tankers throughout the deal, led by James Wild and working with Declan McKenna and Olivia Bollington (M&A) and Anthony Cox and Thomas Coyle (Tax). Pearson Solicitors and Financial Advisers also advised Vallely Tankers, led by Keith Kennedy.
VJ Engineering was advised throughout the transaction by DWF.
James Wild, Partner at RSM UK said: “The shared expertise and vision of Vallely Tankers and VJ Engineering offers a solid foundation for their future growth as a combined entity. We are thrilled to have supported Vallely Tankers throughout the process and look forward to seeing all that the company achieves.”
Tom Earnshaw, managing director of Vallely Tankers added: “Joining forces with VJ Engineering marks a significant milestone for us and strongly aligns with our goals for ambitious growth. Their capabilities and experience as a specialist tanker manufacturer will provide a powerful bolster to our existing resources, strengthening our offering to customers. I’d like to thank the RSM team for their support throughout the process and look forward to continuing our growth under the new Supervac brand.”